Kenya: Oxygen-Function Amino-Compound Market 2024

Oxygen-Function Amino-Compound Market Size in Kenya

In 2022, the Kenyan oxygen-function amino-compound market decreased by X% to $X for the first time since 2018, thus ending a three-year rising trend. Over the period under review, consumption, however, recorded a notable expansion. Oxygen-function amino-compound consumption peaked at $X in 2021, and then dropped significantly in the following year.

Oxygen-Function Amino-Compound Exports

Exports from Kenya

In 2022, overseas shipments of oxygen-function amino-compounds decreased by X% to X tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, recorded notable growth. The growth pace was the most rapid in 2020 with an increase of X%. The exports peaked at X tons in 2021, and then dropped significantly in the following year.

In value terms, oxygen-function amino-compound exports declined rapidly to $X in 2022. In general, exports recorded a noticeable contraction. The growth pace was the most rapid in 2020 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Tanzania (X tons) was the main destination for oxygen-function amino-compound exports from Kenya, with a X% share of total exports. Moreover, oxygen-function amino-compound exports to Tanzania exceeded the volume sent to the second major destination, Uganda (X tons), threefold. Democratic Republic of the Congo (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Tanzania amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uganda (X% per year) and Democratic Republic of the Congo (X% per year).

In value terms, Tanzania ($X) emerged as the key foreign market for oxygen-function amino-compounds exports from Kenya, comprising X% of total exports. The second position in the ranking was taken by Uganda ($X), with a X% share of total exports. It was followed by Democratic Republic of the Congo, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Tanzania totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uganda (X% per year) and Democratic Republic of the Congo (X% per year).

Export Prices by Country

The average oxygen-function amino-compound export price stood at $X per ton in 2022, with a decrease of X% against the previous year. Overall, the export price showed a deep downturn. The most prominent rate of growth was recorded in 2013 when the average export price increased by X%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Tanzania ($X per ton), while the average price for exports to Democratic Republic of the Congo ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Tanzania (X%), while the prices for the other major destinations experienced a decline.

Oxygen-Function Amino-Compound Imports

Imports into Kenya

In 2022, supplies from abroad of oxygen-function amino-compounds decreased by X% to X tons, falling for the second year in a row after five years of growth. Overall, imports, however, saw perceptible growth. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, oxygen-function amino-compound imports fell sharply to $X in 2022. Over the period under review, imports, however, showed a notable expansion. The pace of growth was the most pronounced in 2019 with an increase of X%. Over the period under review, imports attained the maximum at $X in 2021, and then dropped significantly in the following year.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of oxygen-function amino-compound to Kenya, accounting for a X% share of total imports. Moreover, oxygen-function amino-compound imports from China exceeded the figures recorded by the second-largest supplier, India (X tons), threefold. The third position in this ranking was taken by Saudi Arabia (X tons), with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and Saudi Arabia (X% per year).

In value terms, China ($X), India ($X) and Saudi Arabia ($X) were the largest oxygen-function amino-compound suppliers to Kenya, with a combined X% share of total imports.

Among the main suppliers, India, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average oxygen-function amino-compound import price stood at $X per ton in 2022, growing by X% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by X%. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($X per ton), while the price for Iran ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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